Company Research Report: Occuspace

Company Overview

Name

Occuspace

Mission of the Company

Our vision is for space utilization data to transform and empower better, more sustainable design, management, and experience of physical spaces.

Founded and Founders

No information is available

Key People

Nic Halverson (Role not specified in the provided data)

Headquarters

No information is available

Number of Employees

No information is available

Revenue

No information is available

Known For

Occuspace is known for being a leading provider of innovative occupancy data technology, focusing on privacy-first occupancy measuring solutions.

Products

Overview

Occuspace provides occupancy monitoring solutions that deliver real-time, data-empowered understanding to optimize space utilization decision-making.

Primary Offerings

1. Occupancy Monitoring Sensors

High-Level Description

Occuspace sensors anonymously scan for Bluetooth and WiFi signal activity within a given area. Machine learning algorithms are employed to estimate the number of people in that zone with 95% accuracy.

Key Features

WiFi & Bluetooth Signals: Utilizes common wireless signals for detection.

Anonymous Sensing: Ensures privacy without collecting personal information.

Real-Time Occupancy Data: Provides up-to-the-minute data on space usage.

Infinitely Scalable: Easy deployment with only a 120-volt electrical outlet required.

Affordability: Costs only around $0.12 - $0.20 per square foot annually.

Recent Developments

Strategic Expansion

Date: 05/01/2024

Detail: Occuspace announced its strategic expansion into the Corporate Real Estate (CRE) sector.

Partnerships

Recent Partnerships

Nexbib and Occuspace Partner: Delivering real-time occupancy monitoring for public libraries (Date: 04/03/2024)

Funding

Seed Funding:

Date: 09/17/2023, 08/29/2023, and 08/24/2023

Amount: $3.6 million

Sector-Specific Developments

Higher Education:

Library Partnerships:

Occuspace has been involved with several university libraries to enhance occupancy monitoring systems, notably at North Carolina State University Wellness and Recreation (Date: 08/01/2023), UC San Diego, Columbia Dining, and more recent expansions into additional colleges and universities (Date: 11/17/22).

Conclusion

Occuspace continues to lead in the field of anonymous occupancy monitoring with impactful technological advancements and strategic expansions into new markets. The company heavily emphasizes privacy in its solutions and provides scalable, cost-effective tools for a multitude of sectors including higher education and corporate real estate.

Additional Information

For any queries or live personalized demos, visit the company's website or book a session through the provided links for more detailed insights into products and partnerships.